Description

　　The Opportunity:

　　Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with offices around the world, Mesirow serves clients through capabilities spanning Global Investment Management, Capital Markets and Investment Banking, and Advisory Services. We are proud that our intentional culture results in strong employee engagement, entrepreneurship and empowerment, with ongoing opportunities for volunteerism and advancement. Mesirow was recently named one of the Best Places to Work in Chicago by Crain’s Chicago Business and one of the Top 100 RIA firms by Barron’s. At Mesirow, we invest in what matters: our clients, our communities, and our culture.

　　Mesirow Capital Markets and Investment Banking is seeking a dynamic, innovative, and entrepreneurial Research Associate in Institutional Sales & Trading. This role is a unique opportunity for individuals with a strong background in finance, data analysis, and mathematics, and a growing interest in the capital markets and municipal bond market. The ideal candidate will play a pivotal role in our team, leveraging their technical skills to drive advancements in municipal credit, market pricing.

　　The Municipal Bond Market:

　　The municipal bond market is a crucial component of public finance and capital markets, allowing state and local governments, hospitals, airports, universities, and other public entities to raise capital for essential projects and infrastructure. These bonds offer investors a way to fund community projects while often receiving tax-exempt income. This market plays a vital role in supporting economic development and public welfare.

　　Career Path and Development:

　　This role offers a substantial career path for individuals attracted to the complexities and opportunities within the municipal bond market. Over time, you will gain deep insights into the workings of the capital markets, develop a robust skill set in financial analysis and modeling, and have the opportunity to significantly impact the success of our municipal bond trading and investment strategies.

　　Responsibilities:

　　Support credit research in the municipal bond market, focusing on sectors like state and local governments, hospitals, airports, universities, real estate, life care, workforce housing and project finance. This involves evaluating financial statements, covenants, budgetary reports, and other pertinent documents to assess creditworthiness.

　　Provide direct support to the Head of Research in managing and analyzing a wide range of market and credit data related to municipal bonds. This includes data collection, validation, and interpretation to assist in making informed trading decisions.

　　Support the Head of Research in preparing detailed credit reports, presentations, and briefings for the traders, sales team, public finance department and clients.

　　Develop, maintain, and enhance market pricing and data dashboards, utilizing advanced data analysis techniques to support market analysis and trading strategies.

　　Collaborate closely with the research team to identify market opportunities and risks, contributing to the development of comprehensive market outlooks and strategies.

　　Participate in team meetings and contribute to the continuous improvement of research methodologies and processes.

　　Requirements:

　　Recent college graduate or professional with up to 2 years of experience, preferably with a Bachelor’s degree in Finance, Mathematics, Data Science, Economics, Computer Science or a related field.

　　Demonstrated interest in capital markets, with a keen focus on the municipal bond market and public finance.

　　Basic to intermediate knowledge in data analysis and dashboard creation. Prior experience in these areas, whether through academic projects, internships, or early career work, is highly desirable.

　　Entrepreneurial spirit with a strong desire to learn and grow in the field of capital markets.

　　Excellent analytical and quantitative skills, with a proven ability to tackle complex problems.

　　Self-motivated and able to work both independently and collaboratively in a team setting.

　　Strong organizational skills, with an ability to manage multiple tasks and deadlines in a fast-paced environment.

　　Proficiency in Microsoft Office Suite, especially Excel. Familiarity and experience with financial analysis software and programming languages (e.g., Python, R)

　　EOE